Middle East tensions disrupt Hormuz shipping, airlines raise surcharges

Rising tensions in the Middle East, particularly between the U.S., Israel, and Iran, are impacting global transport. Japanese airlines ANA and JAL have raised fuel surcharges, while China's Xi Jinping and Saudi Arabia's crown prince discussed Hormuz Strait security. Turkey hosted middle-power talks in Antalya, and Japan and the UK agreed to strengthen cooperation on safe navigation in the strait.